Here is a quick entertaining radio podcast which discusses the 7 basic elements of a sale. It’s entertaining an informative!
This quick 50 second marketing video completes the series of the 4 marketing questions every marketing plan should answer. These questions should also be answered on every website.
This is better than the Small Business Administration’s statistics that 90% of all business opened each year will not be in business within one year. But we have found, sitting at at the helm of the industry is that 3D Printing Failures are not that far behind.
The most common reason, is that many entrepreneurs are idea people, and what is often missing is strong marketing and sales. In hundreds of meetings with 3D Printing start ups, we often find then concentrating on their differentiators, and not necessarily their customers.
The Association of 3D Printing stands behind the entrepreneurs who created an online business 3D Printing course, which can be found at http://3dprintingmba.com. This course is about business, not how to print.
If you look closely, you’ll see some of the Association’s content there as well. At $97, it’s a bargain.
AREVO has just announced that it has received a $7 million Series A round of funding led by Menlo Park-based venture capital firm Khosla Ventures. Khosla Ventures currently manages more than $1.3 billion of investor capital for startups and early stage companies developing products for internet technology, advanced computing, clean technology and mobile technologies, and is one of the five largest active investors in the commercial space sector.
As part of the investment, venture partner at Khosla Ventures Vijit Sabnis will be joining the AREVO Board of Directors, where he well help guide the young company.
AREVO is primarily known for their line of next-generation 3D printing composite materials, their six-axis 3D printing platform and their cloud-based software that optimizes composite material deposition to maximize durability. The company also recently won the first Autodesk REAL Deal Startup competition, which focuses on the development of technologies that seamlessly combine hardware and software applications to create an ecosystem of converging 3D technologies. It was AREVO’s composite materials that stood out in the competition.
They are up to five times stronger than many titanium-based materials, and the software that helps orientate the materials’ carbon fibers into microscale structures that produce some of the highest strength-to-weight ratio in the industry.
From How to 3D Print Money
This chapter looks at the myths of 3D printing. Radio was criticized when it began. TV was seen as the work of the devil. The Internet was referred to as snake oil. Every new development, going back even before the days of a horseless carriage was fought, critiqued, condemned, and dismissed by many. Movie buffs felt talkies would never catch on. 3D printing is no different. In the next chapter we will dispel many of these myths.
Myth #1: 3D Printing will never catch on because it is too technical. This technology uses specialized diagrams, complicated drawings, unusual materials, and requires an understanding of engineering, computer aided design (CAD), and computer automation. The 3D printing machines need special parts that are not easily available.
Myth #2: Most people won’t do any 3D printing because they’re not manufacturing people. Let’s face facts. How many people even understand manufacturing? And the USA is a service economy. Most MBAs aren’t studying manufacturing and the USA’s expertise is in marketing. Are we really all going to have desktops and spools of plastic going back and forth on our kitchen counters?
Myth #3: 3D printing will never replace traditional assembly line manufacturing. It’s much more cost effective to have hundreds of men and women lined up in a room making 1000 widgets with each production run. Didn’t Henry Ford invent the assembly line because it made more economic sense?
Myth #4: 3D printers are very slow and take a long time to make one product, so who can wait? Why wait 1-4 hours for a plastic syringe to be printed when you can have a cabinet full of them, ready to go?
Myth #5: You can only make plastic junk from 3D printers. Every picture I see of 3D printing shows some plastic cup or ball. Who needs it? How many people are using mosaic spheres in our world?
Myth #6: The labor unions will never allow a no labor manufacturing process. These unions are powerful and have members everywhere. There is no way they will allow products to be made without their hard work and input.
Myth #7: Holders of intellectual property will get ripped off and not paid for their designs. If I can put a CAD file into the cloud, or email it to someone, why would anyone pay for it? Just like pirating movies, software, Internet news and books.no one will pay for what they can get for free.
Myth #8: Computer automated design drawings are too big, too clunky, and take too long to download. This isn’t a simple word processing file, it’s an entire product design. It will take up a lot of space and most of us don’t have a fast enough Internet connection to get the files.
Myth #9: Most government agencies will not approve of any parts made by 3D printing. Governments have regulations which protect its citizens. If anyone with a 3D printer can start making junk and selling it, who will regulate it? Are you saying someone can print out a car part and just install it in a car? What if the part fails and there is an accident?
Myth #10: This will never be in reach of the common man. Machines are too expensive. Set up is too difficult. Supplies aren’t easy to get. Some of the 3D printing is about toys and games, but other applications seem to be about bones and eyeballs and airplane parts. It can’t get to all of us.
Myth #11: There is no demand for 3D-printed products. With Ecommerce, we can find anything we want on the Internet, order it, and have it in our hands in 1 day. Who is in a bigger rush than that?
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